IronPlanet Surpasses 1 Million Registered Users

Posted by Jess Messenger on Feb 18, 2014 9:33:00 PM

IronPlanet®, an online marketplace for buying and selling used heavy equipment, today announced it has surpassed 1 million users who have registered to view equipment for sale and participate in online auctions at IronPlanet.com (see infographic here).

“This is an exciting milestone for us because it demonstrates that more than 1 million users recognize IronPlanet as a trusted marketplace for buying and selling equipment,” said Greg Owens, CEO, IronPlanet. “We’ve attracted these users because of our ongoing dedication to innovation, customer service and delivering what they need: a convenient and reliable equipment solution.”

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Topics: Press Releases, In the News

Construction Market Trends for 2014

Posted by Jess Messenger on Feb 11, 2014 5:59:00 PM

Understanding the state of the construction industry can help organizations make better leasing, purchasing and selling decisions. So what trends made a big impact in 2013, and what’s on the horizon for 2014?

From an increased demand for well-maintained equipment to a resurgence in residential building, there are a lot of issues that will affect equipment leasing and ownership this year. John Gougeon, Major Accounts Manager of Financial Services at IronPlanet takes a step back to analyze the state of the industry in his blog post for Equipment Finance Advisor.

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Topics: Construction, Industry Headlines

Proud sponsor of IEDA Annual Meeting

Posted by Jess Messenger on Feb 10, 2014 9:52:00 PM

We’re a proud sponsor of the Independent Equipment Dealers Association’s (IEDA) Annual Events, taking place Feb. 15-18 in Orlando, Fla. The annual four-day get-together joins heavy equipment industry leaders to network while enjoying fun in the sun. From roundtable and panel discussions to a member tradeshow, attendees will gain valuable insights into the advancement of the independent heavy equipment distribution industry.

Our online heavy equipment marketplace is an ideal solution for attendees because we help organizations and individuals sell their equipment from where it sits, rather than transporting it to a physical auction. Our weekly auction schedule also allows both buyers and sellers to quickly and easily acquire and dispose of items.

We look forward to seeing both buyers and sellers come together in Florida!

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Topics: Events

Rental Ready: IronPlanet to Exhibit at ARA Rental Show

Posted by Jess Messenger on Feb 6, 2014 9:45:00 PM

IronPlanet is exhibiting at the American Rental Association (ARA) Rental Show in Orlando, Fla. Feb. 9-12. In its 58th year, the ARA Rental Show is the rental industry’s premier event, featuring construction/industrial equipment, general tool/homeowner equipment and party/special event equipment, as well as seminars on the rental industry.

Rental companies use IronPlanet for equipment disposition because we have a buyer base that stretches around the globe, resulting in higher bid participation. Plus, our selling process is convenient and efficient because everything is transacted online. To learn more about how we help rental companies manage fleets, visit us at booth 4955 at the show.

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Topics: Events

Behind the Scenes with IronPlanet

Posted by Jess Messenger on Feb 6, 2014 3:00:00 AM

Check out a recent interview between our CEO, Greg Owens, and Rental Management magazine editor, Wayne Walley. Learn more about how we make buying and selling used equipment fast and easy and the advantages of our IronClad Assurance buyer protection program.

Greg discusses how IronPlanet’s online model allows sellers to reach a global buyer base more efficiently and provides buyers access to equipment located around the world. Plus, read about the inspection and transportation processes as well as our history, strategy, and insight regarding key industry issues such as Tier 4 machines. View the full interview here or in the Feb. 2014 print issue.

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Topics: In the News

IronPlanet Sees Strong Demand in Early 2014

Posted by Jess Messenger on Feb 6, 2014 12:37:00 AM

IronPlanet® kicked off 2014 strong, selling $26.8 million in used heavy equipment and trucks during a four-day global auction event held Jan. 28-31.

The four-day auction included equipment listed in the U.S., Canada, Mexico and Europe. In total, 1,795 items were sold to over 1,000 buyers. Strong demand in the market was demonstrated by online bids placed from 78 different countries as well as from every U.S. state and all 10 Canadian provinces.

“We were very happy to see the IronPlanet sale scheduled at the start of the year because it allowed us to take advantage of strong demand and prices in advance of a lot of equipment hitting the market in February,” said Ron Sopko, owner of Sopko Contracting in Pennsylvania. “The ability to sell from our location as well as IronPlanet’s global reach gives us a better net return on the equipment we sell.”

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Topics: In the News

Pipeline Plans: Promising Outlook for Equipment Owners

Posted by Jess Messenger on Feb 3, 2014 1:52:00 AM

Our online marketplace helps equipment owners efficiently and conveniently acquire what they need. For Canadian businesses involved in the oil and gas industry, 2014 has the potential to be an active year., meaning a variety of equipment will be in demand.

So which projects in Canada will affect equipment ownership? Read our latest column in Equipment Journal by Sue McGregor, IronPlanet's Managing Director of Canada, to learn more. Our download it here: Pipeline Plans

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Topics: Oil & Gas, Industry Headlines

IronPlanet Forms Strategic Alliance with Mascus

Posted by Jess Messenger on Jan 20, 2014 9:55:00 PM

IronPlanet®, a leading online marketplace for used heavy equipment, announced today a strategic alliance including a small minority investment with Mascus, an online marketplace for construction equipment, transportation vehicles and trucks and agricultural, forestry, material handling, equipment, headquartered in the Netherlands.

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Topics: Press Releases

IronPlanet Kicks Off 2014 with Four-Day Auction

Posted by Jess Messenger on Jan 14, 2014 10:33:00 PM

IronPlanet®, a leading online marketplace for used heavy equipment, today announced it will host the industry’s first major auction of 2014 on Jan. 28-31, featuring nearly 2,000 construction and related items for sale online.

“IronPlanet is dedicated to providing customers with a fast and convenient way to acquire and dispose of used heavy equipment,” said Greg Owens, CEO, IronPlanet. “Our four-day January sale provides the industry’s first opportunity of the year for buyers worldwide to purchase equipment and sellers to translate underutilized machines into cash – all through a trusted online marketplace.”

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Topics: Auctions

Houston, We Have a Summit!

Posted by Jess Messenger on Jan 13, 2014 9:18:00 PM

With the New Year now in full swing, it’s time to get ready for a busy season of industry conventions. We are a proud sponsor of the Associated Equipment Distributors (AED) Summit & CONDEX, kicking off this week in Houston, Texas. As an international trade association, AED represents companies involved in construction, mining, forestry, agriculture and more. The annual three-day show brings together industry distributors, manufacturers, service providers, and more to learn about new services and products, network with peers and attend educational sessions.

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Topics: Events